Oil Equipment Business Investment Opportunities

- We have developed a new technology for a hydraulic pumping unit (Patent Pending) for artificial lifting for the oil and gas industry. - The product is in the testing phase and ready to scale production after approval. - This new technology resolves most of the field problems, improving extraction efficiency, operation, and maintenance. - We are finishing assembly and testing the prototype, to go testing phase in March of this year. - The business will need another quarter to start the sale of the product. - The product manufacturing will be done through a partner company and most of the parts will be outsourced. - We have already agreed with an oil & gas operator to assign an oil well to test the unit. - We are really strong in sales and marketing and have a deep understanding of the US market. - Based on that, several potential large clients are interested in marketing and selling the product. - High worldwide potential market. - All current investor members have more than 20 years in the oil hydraulic lifting industry and manufacturing, in top American service and manufacturing companies. - Our forecasted monthly and yearly sales are USD 617,000 and USD 7,400,000 respectively for the 2nd year. - We also expect our profit margin to be 34% for the 2nd year. - We only require a registration certificate. - One of the promoters is in Barcelona and frequently travels to the USA.

- Business is running for nearly 4 decades and has good hold in this industry. - We have worked with Reliance Petro chemicals, Power Chain and Singareni Collieries Company in the past for oil and gas drilling. - We are only into water well drilling as of now. - Have won water drilling sub contract from Kolkata Government and currently working on that. - We also export drilling equipment to more than 15 major drilling companies around the world. - We manufacture welding rods in small quantity mostly for own use. - Major income is generated from drilling services. - Physical assets include land and machinery. - Promoter has more than 30 years of experience in this business.

- Oilfield equipment manufacturing startup - design of wireline winches / hydraulic power packs / pressure test units. - One of the few manufacturers in India for such equipment. - Owner has experience of over 12 years in engineering heavy equipment and 5 years in oilfield equipment design. - Manufacturing of equipment is yet to start. - Starting with the smallest equipment, frame construction and assembly needs to be carried out.